Resources & budgets
Although resources and budgets are inextricably linked, it is important to identify and cost resource needs before applying budgetary constraints.
Resources are identified by need, resulting in a 'wish-list'. After costing the 'wish-list', budgetary constraints are applied if it is necessary to meet a global limit. This is done by prioritising the needs of those most pressing and affordable at the time.
To prioritise one program's needs over another, draft budgets are published and program leaders present and justify their needs to a meeting of employees. Each budget is negotiated until the limit of the global financial allocation is met.
The opposite link leads to an example of a budget for a large elementary or primary school.
The link below leads to a booklet detailing the budget process, resource determination and resource procurement for a fictional precinct of eight mini-schools. It covers how
funds are allocated
resources are determined and costed
expenditure is tracked
It also has appendices, which provide
a chart of accounts
considerations to make when determining needs
procedures for ordering resources